Larry Cheng focuses on investment opportunities in Internet applications, information services and software. He currently serves on the boards of Bombfell, Chewy.com, Cortera, Ensighten, GlobalTranz, and Pramata.
He also was on the Board of mindSHIFT Technologies (acquired by BestBuy), Stylesight (acquired by Top Right Group), and Prosper Marketplace.
Prior to helping found Volition Capital in 2010, Larry was a partner at Fidelity Ventures, where he led their investment in Verid (acquired by EMC).
From 2000 to 2005 Larry was a senior associate at Battery Ventures where he was actively involved in OpenNetwork Technologies (acquired by BMC Software), Ximian (acquired by Novell), and Ruckus Network (acquired by TotalMusic).
From 1998 to 2000, he was an associate for Bessemer Venture Partners where he focused on software investments. Prior to Bessemer, Larry was an associate consultant at Corporate Decisions Inc.
Larry earned a B.A. in Psychology from Harvard College.
He is also on the Harvard University Alumni Association Board of Directors, Beth Israel Deaconess Medical Center Board of Overseers, and Wycliffe Bible Translators Board of Directors.
Co-Founder & Managing Partner
Jan, 2010 - Current (over 6 years)
|Oct, 2015||Ensighten||$53M / Series C (Lead)||Volition Capital|
|Sep, 2012||Ensighten||$15.5M / Series A (Lead)||Volition Capital|
|Jun, 2011||Prosper||$17.2M / Series E||Volition Capital|
|Jan, 2011||GlobalTranz||$10M / Series A (Lead)||Volition Capital|
|Apr, 2010||Prosper||$14.7M / Series D||Volition Capital|
|Feb, 2010||Prosper||$2M / Venture||Volition Capital|
|Sep, 2008||Stylesight||$16M / Series A (Lead)||Fidelity Ventures|
|Apr, 2008||Cortera||$8M / Series A (Lead)||Battery Ventures|
|Jun, 2007||Prosper||$20M / Series C||Fidelity Ventures|
|Feb, 2006||Prosper||$12.5M / Series B (Lead)||Fidelity Ventures|
|Sep, 2005||Verid||$13.2M / Series C (Lead)||Fidelity Ventures|
B.A., PsychologySep, 1992 - Jun, 1996
|Jul 27, 2016||blog.venturepulse.org - Volition Capital Announces Fund Of $250M|
|Dec 15, 2015||Boston Tech Flash - B2B analytics startup Pramata raises $10M for growth|
|Dec 15, 2015||PE HUB - Pramata scores $10 mln Series A|
|Dec 14, 2015||PRNewswire All - Pramata Raises $10 Million, Adds Essential Customer Contract and Billing Data to CRM|
|Oct 10, 2015||Beta Boston - A courtyard view of Boston’s tech economy|
|Dec 4, 2013||Xconomy - Boston Roundup: Volition Capital, Freight Farms, Technical Machine|
|Jul 9, 2013||FinSMEs - Volition Capital Fund II, L.P.|
|Nov 2, 2011||Venture Beat - Prosper takes on Wall Street, hopes to rewire banking|